Twinsource Manufacturing Private Limited
About Twinsource Manufacturing Private Limited
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Twinsource Manufacturing Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27109MH2017PTC294535. Its GSTIN is 27AAGCT2419R1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Akshay Vilas Chougale and Ameya Chandrakant Pawar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bldg No – D2/503 Sanghvi Valley Parsik Nagar Kharegaon, Thane, Maharashtra, India – 400605.
As per the financials filed for FY 2022, the company reported a revenue of ₹25.92 Lakh, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹9,107 (net margin 0.4%) and EBITDA of ₹3.78 Lakh (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Twinsource Manufacturing Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBldg No – D2/503 Sanghvi Valley Parsik Nagar Kharegaon, Thane, Maharashtra, India – 400605
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Twinsource Manufacturing Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Twinsource Manufacturing is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Twinsource Manufacturing Private Limited, buy the company report.
Financials of Twinsource Manufacturing Private Limited
FY 2022 filings availableTwinsource Manufacturing Private Limited reported revenue of ₹25.92 Lakh (up 73% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 73% growth in the latest year. EBITDA fell 21% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹3.78 Lakh | ||||
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| Net Profit (PAT) | ₹9,107 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Twinsource Manufacturing Private Limited, buy the company report.
Board of directors of Twinsource Manufacturing Private Limited
Twinsource Manufacturing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Vilas Chougale Also directs: Brandpunt Online Services Private Limited | Director | 01 May 2017 | 9 Years 5 Months | Current |
| Ameya Chandrakant Pawar Also directs: Shifters Motorsport LLP | Director | 01 May 2017 | 9 Years 5 Months | Current |
Auditor
Twinsource Manufacturing Private Limited is audited by M B N K & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M B N K & ASSOCIATES | FY 2019 | 144746W |
Shareholding
The shareholding of Twinsource Manufacturing Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Twinsource Manufacturing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2018 | 100241190 | Uco Bank | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Twinsource Manufacturing Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Twinsource Manufacturing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Twinsource Manufacturing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT2419R1ZR | Maharashtra | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Twinsource Manufacturing Private Limited, buy the company report.
Recent activity
Twinsource Manufacturing Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Akshay Vilas Chougale was appointed as Director on 01 May 2017.
Frequently asked questions
Twinsource Manufacturing is an active private limited company based in Thane, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 May 2017 (9+ years old) and is registered under CIN U27109MH2017PTC294535.
Twinsource Manufacturing has 2 current directors:
- Akshay Vilas Chougale - Director
- Ameya Chandrakant Pawar - Director
The latest financial statements of Twinsource Manufacturing on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Twinsource Manufacturing is 27AAGCT2419R1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Twinsource Manufacturing is U27109MH2017PTC294535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Twinsource Manufacturing was incorporated on 01 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Akshay Vilas Chougale was appointed as Director on 01 May 2017. Ameya Chandrakant Pawar was appointed as Director on 01 May 2017.
The registered office of Twinsource Manufacturing is at Bldg No – D2503 Sanghvi Valley Parsik Nagar Kharegaon, Thane, Maharashtra, India – 400605.
Twinsource Manufacturing operates in the machinery and equipment industry, in the industrial tools and components segment.
Twinsource Manufacturing has open charges of ₹20 Lakh and no satisfied charges on record as per latest MCA filings.